Australia’s Monochrome Spot Bitcoin ETF Holdings Surge to 905 BTC Worth AUD 148 Million

According to official disclosures on June 26th, Monochrome Spot Bitcoin ETF (IBTC) in Australia reported a significant accumulation of digital assets. As of June 25th, the fund’s portfolio comprised 905 bitcoins, reflecting a robust investment stance in the cryptocurrency market. The total valuation of these holdings stood at approximately 148 million Australian dollars, underscoring the ETF’s substantial exposure to Bitcoin. This development highlights the growing institutional interest in crypto assets within the Australian financial landscape, signaling confidence in Bitcoin’s long-term value proposition. Investors and market analysts will likely monitor IBTC’s holdings as a key indicator of market sentiment and asset allocation trends in the evolving digital currency ecosystem.

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Source: https://en.coinotag.com/breakingnews/australias-monochrome-spot-bitcoin-etf-holdings-surge-to-905-btc-worth-aud-148-million/